Bombay HC Condones Form 10B Filing Delay Due to CA’s Unawareness of New Online System

Manav Vikas Bahuuddeshiya Gramin Seva Sanstha Vs CIT (Exemptions) (Bombay High Court) The petition before the Bombay High Court challenged an order dated 25 July 2024 passed by the Commissioner of Income Tax (Exemptions), which refused to condone a delay of 687 days in filing the audit report in Form 10B for the accounting years 2016–17. The audit report had been filed on 18 August 2018. The reason cited for the delay was that the petitioner’s Chartered Accountant was unaware of the newly introduced online filing system, and the lapse occurred due to unintentional oversight. The respondent...